Yo lads, $KMNO looking proper washed right now.
We had that quick pump to 0.0678 two days ago, broke the downtrend, got everyone excited… then straight back down, cracked every MA again, and now printing lower highs with volume fading hard. Sitting at 0.0609 and the yellow 25 is flattening out above price — classic dead-cat bounce that already ran outta gas.
I’m SHORT KMNO.
Entry: 0.060 – 0.061
Stop Loss: 0.0645 (if we reclaim the 25 MA with volume I’m gone, no stubbornness)
Targets:
1st → 0.056-0.057 (quick 7-8%, take half)
2nd → 0.053 (old low, bank most)
3rd → 0.048-0.050 if it freefalls (let runners eat)
Planning to hold 12-36 hours unless BTC rips hard and drags everything up. DeFi rotation is dead for now, money’s flowing back to memes and majors, and this one’s got no bid underneath.
Easy fade, clean risk/reward at 1:4+. Bears in full control.
Your stack, your rules, but yeah… this smells like free money on the short side 🐻
(Flip long only if we blast 0.0678 again, but that’s not even on my radar right now)$KMNO
